AUDNZD is interesting.
It has completed 2 patterns
Both points to this currency pair rebounding.
However, I will be hesitant to go long until price the breaks the in red.
Downward momentum is still very strong, will not feel safe going long without price showing it wants to break the downtrend first.
This is my plan.
1. Wait for price to break first
2. Buy on retest of yellow zone
Will aim for 1.07 as my target with stops around 1.0250